UK house prices increased at a faster pace in March suggesting that the housing market regained some momentum, data from the Nationwide Building Society showed Tuesday. The annual growth in house prices rose to 2.2 percent in March from 1.0 percent in February. On a monthly basis, house prices moved up 0.9 percent, much faster than the 0.3 percent increase seen in February. Economists had forecast...
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.